Although some discounting may have slowed the early pace of sales, the industry can expect to see much healthier sales patterns as we move into December and closer to both Christmas and the annually strong Saturday before Christmas retail boom.
More Quotes from Michael Niemira:
Wal-Mart is not a bellwether for the broader industry this season. The action isn't among their customers.Michael Niemira
Phase one at least met very modest expectations. It came late and it was uneven. Now, we are in phase two, which is taking on a different character. It could make a modest Christmas into a much better Christmas.
Michael Niemira
Our analysis of the leading sales indicator, ex-auto, suggests some slowdown now through the fall. So we could see some up and down results for the next few months.
Michael Niemira
Procrastinating consumers and a late Hanukkah (December 25) helped to lift the holiday season's performance.
Michael Niemira
There are loads of concerns out there, and as a result, the basic backdrop of this holiday season will be one that is much more uncertain.
Michael Niemira
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